Facebook began this week by announcing more than $9 billion in quarterly profits, an increase of about 17 percent. The social media giant also announced that it now has close to three billion users. But all is not well on the Facebook front as Mark Zuckerberg’s platform has been facing a deluge of scathing reports.

Facebook has changed its name to "Meta" in a shift away from social media and towards developing "the metaverse," a digital world that could be the next generation of the internet. Here's what they have planned.

A key indicator of the health of the Chinese economy, the Purchasing Manger's Index (PMI) contracted. Analysts say the indicators of stagflation in the Chinese economy are there.

Frances Haugen said her former boss, Mark Zuckerberg, should step down and allow change instead of devoting resources to build the so-called "metaverse."

Nigeria has secured a new set of military gear and they are massive. The Nigerian Army recently unveiled 60 new VP1 Type Tracked Armoured Personnel Carriers to expand it armory.

Taipei has said it is one of the largest Chinese incursions into Taiwan's air defense identification zone since early October, coming right after an EU delegation visited Taipei to work on building ties.

Frances Haugen called on lawmakers in Brussels to seize the opportunity to create a "global gold standard" as they draft oversight regulation for tech giants.

Engines developed in Germany can evade export control bans due to their status as a so-called dual-use technology, a German media investigation has revealed.

Facebook became Meta Platforms on October 28 and subsequently announced its grand plans for bringing the virtual and physical worlds together in the metaverse. Since then, tech and entertainment giants have been jumping on the bandwagon and staking their own claims as builders of a new reality. But what exactly is the metaverse and what are the risks associated with it? Peter O'Brien takes a closer look in this week's Tech 24, the first in a new live format.

South Korea's Joint Chiefs of Staff said the incursion off its east coast lasted roughly 10 minutes. Beijing later said the warplanes entering South Korea's air defense identification zone was part of an exercise.

Serbian President Aleksandar Vucic has called China a "savior." The people around the Bor copper mine, however, fear for their future, as Bor is part of the strategic investments around China's New Silk Road to Europe.

As Russia and China attempt to master sophisticated technologies, the head of MI6 is set to warn that "unlike Q in the Bond movies, we cannot do it all in-house."